Anyone able to shed some light on how you personally figure in the savings of interest expense and depreciation on your investment? I have heard a ton about cash flow, but there is the other great tax benefits, altho...
Hello BP Community!
I am reviewing the performance for one of my multi-family investments and noticed that the yearly taxes are going up over 50% as the assessed value has gone up (most likely due to overall market a...
I've been happy with the service of the 1031 exchange intermediary I've used in the past. I recently contacted them about doing another simple 1 to 1 exchange and the fee is about $1,000.Now I see there are companies ...
Hello, I purchased a distressed house with the intention of fixing it up. I've received some good offers on it before it's finished and am planning on selling. I purchased it in November of 2020. If I sell in Janua...
I'm interested in selling and doing a 1031 for a SFR rental I have. My question is around the "Like kind" aspect. Can I do an exchange into a Syndication deal or commercial property or does it have to be another res...
Hello BP community,I have a seller who has almost a third of an acre of land in a good neighborhood in Atlanta. New builds are in the process of getting permitted right now on the same street. I've never wholesaled la...
I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
Hey BP folks!We have a few STRs that we have done cost segregation studies on. After operating the STR for the first year can we turn the STR into our primary residence for 2 years then sell and avoid capital gains ta...
Hey gang! So how long do I actually have to hold/rent a property that I rehab in order to take advantage of the 1031 exchange?
Looking for recommendations for a 1031 exchange intermediary in Wisconsin. I'm based out of @Kenosha. Thanks! #packers